. >> just this week, president obama said congress should get rid of tax breaks like this one. >> save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well off and the well connected. >> president obama has benefited tremendously from his popularity on social media and tax experts say that might be why he let's facebook get away with billion dollars tax breaks like this one. >> the president certainly had a double standard when it comes to picking out examples that help him advance his policy agenda. he often points to oil and gas companies taking questionable deductions, which are perfectly legal under the law. but he leaves out other companies like facebook that pay a low effective tax rate, but doesn't go after, again, which are perfectly legal and justified deductions, doesn't point them out and make them an example the same way does he in an industry like oil and gas. >> facebook got a $1 billion tax break in 2012. they carried over $2.2 billion in breaks to use in future years. so far facebook spokesperson has declined comment about the big